Cheyenne Energy Inc.

Cheyenne Energy Inc.

May 01, 2007 09:00 ET

Cheyenne Energy Inc. Announces Filing of Financial Statements, Reserves Data and Postings to Website

CALGARY, ALBERTA--(CCNMatthews - May 1, 2007) - Cheyenne Energy Inc. (TSX VENTURE:CHY) ("Cheyenne" or the "Company") is pleased to announce that it has filed with Canadian securities regulatory authorities its audited financial statements for the year ended December 31, 2006, the accompanying Management's Discussion and Analysis and the Company's Statement of Reserves Data and Other Oil and Gas Information (National Instrument Forms 51-101F1, 51-101F2, 51-101F3). These filings are available for review at and on the Company's website at

This press release contains forward-looking statements. These forward-looking statements can generally be identified as such because of the context of the statements including words such as the Company "believes", "anticipates", "expects", "plans", "may", "estimates" or words of a similar nature. These statements are based on current expectations and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Accordingly, readers are cautioned and no assurances can be given that any of the events anticipated by the forward-looking statements will occur, or if any of them do so, what benefits that we will derive there from. The Company does not undertake any obligation to publicly update or revise any forward-looking statements.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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